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Archive
- 1/16/2026 -
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Best Buy Co., Inc. (BBY) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :
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| | It was the negative week for the Best Buy Co., Inc. (BBY). During the week, the BBY dropped -2.85 points, or -4.04%, and closed at 67.76 on Friday, January 16, 2026. Weekly volume was 30% above average.
BBY is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most overbought sector. BBY is a member of Computer & Electronics Retail Industry. Computer & Electronics Retail is the third most oversold industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See BBY long-term trend chart]
A long-term uptrend had started on April 9, 2025 at 54.99 and reached 84.99 on October 27, 2025. BBY gained -30.00 points, or -54.56%, in 28 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (75.88) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. BBY may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
 Medium-term trend: [See BBY medium-term trend chart]
A medium-term downtrend had started on October 27, 2025 at 84.99 and reached 66.00 on January 16, 2026. BBY lost 18.99 points, or 22.34%, in 11 weeks. The price is now at the 9.27% retracement level.
 Weekly Technical Indicators: [See BBY weekly technical indicators chart]
Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is below its signal line since December 5, 2025. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See BBY short-term trend chart]
A short-term downtrend had started on January 9, 2026 at 73.42 and reached 66.00 on January 16, 2026. BBY lost 7.42 points, or 10.11%, in 7 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Daily Technical Indicators: [See BBY daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. Daily Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal.
The daily MACD line is above its signal line since January 14, 2026. The distance between MACD and the signal line is low and getting smaller.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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